A coin bought on an exchange and a coin held inside an ETF are not quite the same thing to own, and the gap between them is what this desk tracks. Of the 46 spot crypto ETFs ETFIQ can measure on October 9, 2026, 37 closed within a point of the coin they hold, and the typical difference, across all of them, is 0.20%. That number is not a coincidence or a rounding error. It is the fee, the custody arrangement, the mechanics of creating and redeeming shares in blocks, and whatever else the market charged for the shares rather than for the coin, compressed into one number. It is also the one number on this page that no sponsor publishes itself.
Nine coins are spread across 48 exchange-traded funds, and the coins with several funds attached are where the comparison does useful work. Bitcoin has 13 funds, all but one within a point of the coin's own −32.0% return, with a median difference of −0.2%. Ether has 11 funds, all within a point, median −0.1% against a −43.0% move in the coin. Solana tells a different story: all eight of its funds sit outside a point of the coin's +39.2% return, with a median difference of +1.5%, meaning every Solana ETF measured here finished further from the coin than the Bitcoin or Ether funds did. XRP's six funds cluster tighter, median −0.3% against +25.2%. Avalanche, with three funds, splits two within a point and one outside, median +1.0%. Dogecoin's three funds and the single Litecoin, Chainlink and Polkadot funds all sit close to or within a point of their coins.
Because the coin's own move is identical for every fund that holds it, what separates BSOL, SOLC, TSOL, FSOL, SOEZ, VSOL and QSOL from each other, all against the same +39.2% Solana return, is entirely what each one cost to hold over its three months: differences running from +1.8% down to +1.1%. The same logic applies within Bitcoin and Ether, where the spread between funds is a few tenths of a point rather than full points, and within XRP, where GXRP and XRPR sit further from the coin than TOXR or XRPC.
Two trusts are quoted too thinly to compare on this basis, closing unchanged on more than one trading day in twenty; their difference against the coin reflects the days somebody traded rather than what the fund actually did, and they are shown with that caveat rather than ranked against the rest.
Sixteen fund-windows cannot state their gap by simple subtraction at all. Once a return has compounded far enough, subtracting two percentages stops meaning anything: ETHE since January 2020 returned +627.8% against Ether's +1,854.4%, which subtracts to −1,227 points, a number with no real-world interpretation. For those windows the site instead publishes the gap between the two growth factors, which for ETHE is −62.8%, and that compounded number is what appears in place of a subtraction.
Readers can check any individual fund's difference, its holding period, and whether it falls inside or outside a point of its coin on the live desk, updated from the same Tiingo closes used here.